CWT Q4 2022 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena

CWTCalifornia Water Service Group

$3B

Q4 2022 Earnings

Utilities Regulated Water

Income Statement

Revenue

$201M+15.9% YoY

Gross Profit

$85M42.5% margin

Operating Income

$26M13.1% margin

Net Income

$20M9.7% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

-24.5%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

-$62M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$2.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$85M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$201M	$173M	+15.9%
Gross Profit	$85M	$79M	+8.2%
Operating Income	$26M	$10M	+151.5%
Net Income	$20M	$4M	+458.6%

Revenue Segments

Non-Regulated Services

$5M100%